[169VX “Unremunerated director”]
Taxation of Chargeable Gains Act 1992 (1992 c 12) | Legislation

[169VX  “Unremunerated director”]

[(1)     For the purposes of section 169VW a person (“the person concerned”) is an “unremunerated director” of the issuing company or a connected company at a particular time in the relevant period if that person is a director of that company at that time and—

(a)     does not receive in the relevant period any disqualifying payment from the issuing company or a related person, and

(b)     is not entitled to receive any such payment in respect of that period or any part of it.

(2)     In this section

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